UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                      Washington, DC 20549

                           FORM 10-QSB
 QUARTERLY REPORT FOR SMALL BUSINESS ISSUERS SUBJECT TO THE 1934
                   ACT REPORTING REQUIREMENTS

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES
   EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2000Commission File No.
000-27339
12







                        MUSIC ETC., INC.
     (Exact name of registrant as specified in its charter)







Nevada                                            88-0426887
(State of organization) (I.R.S. Employer Identification No.)

8764 Carlitas Joy Court, Las Vegas, NV 89117
(Address of principal executive offices)

Registrant's telephone number, including area code (702) 228-4688

Check whether the issuer (1) filed all reports required to be
file by Section 13 or 15(d) of the Exchange Act during the past
12 months and (2) has been subject to such filing requirements
for the past 90 days.  Yes X

There are 6,000,000 shares of common stock outstanding as of June
30, 2000.



                 PART I - FINANCIAL INFORMATION

ITEM 1.   FINANCIAL STATEMENTS

FINANCIAL STATEMENTS

Audited  financial statements as of June 30, 2000,  and  for  the
three-month periods then ended.
                        TABLE OF CONTENTS


                                                             PAGE



     ACCOUNTANT'S LETTER                                      1



     BALANCE SHEET - ASSETS                                   2



     BALANCE SHEET - LIABILITIES AND STOCKHOLDERS' EQUITY     3



     STATEMENT OF OPERATIONS                                4-5



     STATEMENT OF STOCKHOLDERS' EQUITY                        6



     STATEMENT OF CASH FLOWS                                7-8



     NOTES TO FINANCIAL STATEMENTS                         9-13

                  INDEPENDENT AUDITORS' REPORT


Board of Directors                                July 14, 2000
MUSIC ETC., INC.
Las Vegas, Nevada

     I  have  audited  the accompanying Balance Sheets  of  MUSIC
ETC.,  INC. (A Development Stage Company), as of June  30,  2000,
and   December   31,   1999,  and  the  related   statements   of
stockholders'  equity for June 30, 2000, and December  31,  1999,
and  statements of operation and cash flows for the three  months
ending June 30, 2000, and June 30, 1999, for the six months ended
June  30,  2000,  and  June 30, 1999, and  the  two  years  ended
December  31,  1999,  and  December  31,  1998,  and  the  period
September 20, 1993 (inception), to June 30, 2000. These financial
statements are the responsibility of the Company's management. My
responsibility  is  to  express an  opinion  on  these  financial
statements based on my audit.

     I  conducted my audit in accordance with generally  accepted
auditing  standards. Those standards require  that  we  plan  and
perform  the  audit to obtain reasonable assurance about  whether
the  financial  statements are free of material misstatement.  An
audit  includes  examining, on a test basis, evidence  supporting
the amounts and disclosures in the financial statements. An audit
also  includes  assessing  the  accounting  principles  used  and
significant  estimates made by management, as well as  evaluating
the  overall financial statement presentation. I believe that  my
audit provides a reasonable basis for my opinion.

     In  my  opinion, the financial statements referred to  above
present  fairly, in all material respects, the financial position
of  BEPARIKO BIOCOM (A Development Stage Company), as of June 30,
2000,  and  December  31,  1999, and the  related  statements  of
stockholders'  equity for June 30, 2000, and December  31,  1999,
and  statements of operation and cash flows for the three  months
ending June 30, 2000, and June 30, 1999, for the six months ended
June  30,  2000,  and  June 30, 1999, and  the  two  years  ended
December  31,  1999,  and  December  31,  1998,  and  the  period
September  20, 1993 (inception), to June 30, 2000, in  conformity
with generally accepted accounting principles.

     The  accompanying  financial statements have  been  prepared
assuming  the  Company  will continue  as  a  going  concern.  As
discussed in Note #5 to the financial statements, the Company has
had  no operations and has no established source of revenue. This
raises substantial doubt about its ability to continue as a going
concern.  Management's  plan  in  regard  to  these  matters   is
described  in Note #5. These financial statements do not  include
any  adjustments  that  might result from  the  outcome  of  this
uncertainty.

/s/ Barry L. Friedman
Barry L. Friedman
Certified Public Accountant
1582 Tulita Drive
Las Vegas, NV 89123
(702) 361-8414





                        MUSIC ETC., INC.
                  (A Development Stage Company)


                          BALANCE SHEET


                             ASSETS


<TABLE>
<S>                            <C>              <C>
                                6 Mos. Ending     Year Ended
                                June 30, 2000     Dec.31,
                                                   1999
                                ------------     -----------

CURRENT ASSETS                        $    0            $    0
                                     -------           -------

     TOTAL CURRENT ASSETS             $    0            $    0
                                     -------           -------

OTHER ASSETS                          $    0            $    0
                                     -------           -------


     TOTAL OTHER ASSETS               $    0            $    0
                                     -------           -------

     TOTAL ASSETS                     $    0            $    0
                                     -------           -------
</TABLE>









 The accompanying notes are an integral part of these financial
                           statements

                              - 2-
                        MUSIC ETC., INC.
                  (A Development Stage Company)


                          BALANCE SHEET


              LIABILITIES AND STOCKHOLDERS' EQUITY


<TABLE>
<S>                                     <C>               <C>
                                          6 Mos. Ending     Year Ended
                                          June 30, 2000     Dec.31,
                                                             1999
                                           -----------      -----------

CURRENT LIABILITIES

     Officers Advances (Note #8)            $    2,267           $    267
                                           -----------          ---------
TOTAL CURRENT LIABILITIES                   $    2,267           $    267
                                           -----------          ---------

STOCKHOLDERS EQUITY (Note #4)

Preferred Stock, $0.001 Par Value
Authorized 10,000,000 Shares
Issued and Outstanding
At June 30, 2000 - None                         $    0

Common stock, $.001 par value
authorized 50,000,000 shares
issued and outstanding at
December 31, 1999 - 6,000,000 shares                           $    6,000
June 30, 2000 - 6,000,000 shares                 6,000

     Additional paid in Capital                 -2,315             -2,315

     Accumulated loss during
     the development stage                      -5,952             -3,952
                                               -------             ------

TOTAL STOCKHOLDERS' EQUITY                 $    -2,267          $    -267
                                          ------------         ----------

TOTAL LIABILITIES AND
STOCKHOLDERS EQUITY                             $    0             $    0
                                               -------             ------
</TABLE>



 The accompanying notes are an integral part of these financial
                           statements

                              - 3 -
                        MUSIC ETC., INC.
                  (A Development Stage Company)


                     STATEMENT OF OPERATIONS


<TABLE>
<S>                  <C>            <C>           <C>            <C>
                      3 Mos.Ended    3 Mos.Ended   6 Mos.Ended   6 Mos.Ended
                       June 30,       June 30,      June 30,      June
                                                                  30,
                         2000           1999          2000           1999
                        ------         ------        -------       --------


REVENUE                     $   0           $   0         $   0         $   0
                           ------          ------         -----        ------
EXPENSES

 General, Selling
 and Administrative     $   1,000         $   267     $   2,000       $   267
                        ---------         -------     ---------       -------

 Total Expenses         $   1,000         $   267     $   2,000       $   267
                        ---------         -------     ---------       -------
Net Profit/Loss (-)     $  -1,000         $  -267     $  -2,000       $  -267
                        ---------         -------     ---------       -------
Net Loss per share -
 Basic and diluted
 (Note #2)              $  -.0002         $   Nil    $   -.0002       $   Nil
                        ---------         -------    ----------       -------

Weighted average
number of common
shares outstanding      6,000,000       6,000,000     6,000,000     6,000,000
                        ---------       ---------     ---------     ---------
</TABLE>









 The accompanying notes are an integral part of these financial
                           statements

                              - 4 -
                        MUSIC ETC., INC.
                  (A Development Stage Company)


               STATEMENT OF OPERATIONS (Continued)


<TABLE>
<S>                      <C>             <C>            <C>
                                                         Sep. 20, 1993
                           Year Ended     Year Ended    (Inception
                                                            )
                          December 31,   December 31,     to June 30,
                              1999           1998            2000
                            --------       --------        ---------

REVENUE                          $  0             $  0             $  0
                                -----           ------            -----
EXPENSES

 General, Selling
 and Administrative            $  267             $  0         $  5,952
                              -------           ------        ---------

 Total Expenses                $  267             $  0         $  5,952
                              -------            -----        ---------
Net Profit/Loss (-)            $ -267             $  0        $  -5,952
                              -------            -----        ---------
Net loss per share -
 Basic and diluted
 (Note #2)                     $  Nil           $  Nil        $  -.0010
                              -------            -----        ---------

Weighted average
number of common
shares outstanding          6,000,000        6,000,000        6,000,000
                            ---------        ---------        ---------
</TABLE>











 The accompanying notes are an integral part of these financial
                           statements

                              - 5 -
                        MUSIC ETC., INC.
                  (A Development Stage Company)


          STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY


<TABLE>
<S>                   <C>           <C>           <C>            <C>
                                                    Additional     Accumu-
                         Common         Stock        paid-in     lated
                         Shares        Amount        Capital       Deficit
                         -------      --------       --------      --------

Balance,
December 31, 1998          25,000        $  3,685          $   0    $  -3,685

September 21, 1999
Changed from no par
Value to $.001                             -3,660         +3,660

September 21, 1999
Forward Stock Split
240 to 1                5,975,000          +5,975         -5,975

Net loss year ended
December 31, 1999                                                        -267
                       ----------        --------      ---------    ---------

Balance,
December 31, 1999       6,000,000        $  6,000      $  -2,315    $  -3,952

Net loss Jan. 1, 2000
To June 30, 2000                                                       -2,000
                       ----------        --------      ---------    ---------

Balance,
June 30, 2000           6,000,000        $  6,000      $  -2,315    $  -5,952
                       ----------        --------      ---------    ---------
</TABLE>











The accompanying notes are an integral part of these financial statements



                              - 6 -
                        MUSIC ETC., INC.
                  (A Development Stage Company)


                     STATEMENT OF CASH FLOWS


<TABLE>
<S>                   <C>            <C>           <C>            <C>
                       3 Mos.Ended    3 Mos.Ended   6 Mos.Ended   6 Mos.Ended
                         June 30,      June 30,      June 30,     June 30,
                           2000          1999          2000          1999
                         --------      --------      --------      ---------
Cash Flow from
Operating Activities
Net Loss                  $ -1,000         $  -267      $ -2,000       $ -267

Adjustment to
reconcile
net loss to net cash
provided by operating
activities

Changes in Assets
and Liabilities

Increase in current
Liabilities

Officers Advances           +1,000            +267        +2,000         +267
                           -------         -------       -------       ------

Net cash used in
operating Activities         $   0           $   0         $   0        $   0

Cash Flows from
Investing Activities             0               0             0            0

Cash Flows from
Financing Activities
Issuance of Common
Stock                            0               0             0            0

Net increase
(decrease)
in cash                      $   0           $   0         $   0        $   0

Cash, beginning
of period                        0               0             0            0


Cash, end of period          $   0           $   0         $   0        $   0
                            ------          ------       -------       ------
</TABLE>

 The accompanying notes are an integral part of these financial
                           statements

                              - 7 -
                        MUSIC ETC., INC.
                  (A Development Stage Company)


               STATEMENT OF CASH FLOWS (CONTINUED)
<TABLE>
<S>                      <C>             <C>             <C>
                                                         Sep. 20, 1993
                           Year Ended      Year Ended    (Inception
                                                             )
                          December 31,    December 31,    to June 30,
                              1999            1998            2000
                           ----------      -----------    ------------
Cash Flow from
Operating Activities
Net Loss                       $  -267             $   0      $  -5,952

Adjustment to reconcile
net loss to net cash
provided by operating
activities

Changes in Assets
and Liabilities

Increase in current
Liabilities

Officers Advances                 +267                 0         +2,267
                                ------            ------        -------

Net cash used in
operating Activities             $   0             $   0      $  -3,685

Cash Flows from
Investing Activities                 0                 0              0

Cash Flows from
Financing Activities
Issuance of Common
Stock                                0                 0         +3,685
                                ------            ------        -------
Net increase
(decrease)
in cash                          $   0             $   0          $   0


Cash, beginning
of period                            0                 0              0
                                ------            ------         ------

Cash, end of period              $   0             $   0          $   0
                                ------            ------         ------
</TABLE>


 The accompanying notes are an integral part of these financial
                           statements

                              - 8 -
                        MUSIC ETC., INC.
                  (A Development Stage Company)


                  NOTES TO FINANCIAL STATEMENTS

              June 30, 2000, and December 31, 1999



NOTE 1 - HISTORY AND ORGANIZATION OF THE COMPANY

     The Company was organized September 20, 1993, under the laws
     of  the  State  of  Nevada as MUSIC ETC., INC.  The  Company
     currently has no operations and in accordance with SFAS  #7,
     is considered a development stage company.


NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Accounting Method

          The Company records income and expenses on the accrual
          method.

     Estimates

          The  preparation of financial statements in  conformity
          with  generally accepted accounting principles requires
          management  to  make  estimates  and  assumptions  that
          affect  the  reported amounts of assets and liabilities
          and disclosure of contingent assets and liabilities  at
          the  date  of the financial statements and the reported
          amounts  of  revenue and expenses during the  reporting
          period.   Actual  results  could  differ   from   those
          estimates.

     Cash and equivalents

          The Company maintains a cash balance in a non-interest-
          bearing  bank that currently does not exceed  federally
          insured  limits. For the purpose of the  statements  of
          cash  flows,  all  highly liquid investments  with  the
          maturity of three months or less are considered  to  be
          cash  equivalents. There are no cash equivalents as  of
          June 30, 2000.





                              - 9 -
                        MUSIC ETC., INC.
                  (A Development Stage Company)


            NOTES TO FINANCIAL STATEMENTS (CONTINUED)

              June 30, 2000, and December 31, 1999


 NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

     Income Taxes

          Income  taxes  are  provided for  using  the  liability
          method  of  accounting in accordance with Statement  of
          Financial  Accounting Standards  No.  109  (SFAS  #109)
          "Accounting for Income Taxes". A deferred tax asset  or
          liability  is  recorded  for all  temporary  difference
          between  financial  and  tax  reporting.  Deferred  tax
          expense  (benefit) results from the net  change  during
          the year of deferred tax assets and liabilities.

     Reporting on Costs of Start-up Activities

          In  April  1998,  the American Institute  of  Certified
          Public  Accountants issued Statement of  Position  98-5
          ("SOP   98-5"),  "Reporting  the  Costs   of   Start-up
          Activities"  which provides guidance on  the  financial
          reporting  of start-up costs and organizational  costs.
          It   requires   costs   of  start-up   activities   and
          organization costs to be expensed as incurred.  SOP 98-
          5   is  effective  for  fiscal  years  beginning  after
          December  15, 1998, with initial adoption  reported  as
          the   cumulative  effect  of  a  change  in  accounting
          principal.

     Loss Per Share

          Net  loss  per  share  is provided in  accordance  with
          Statement  of  Financial Accounting Standards  No.  128
          (SFAS  #128) "Earnings Per Share". Basic loss per share
          is  computed  by  dividing losses available  to  common
          stockholders by the weighted average number  of  common
          shares outstanding during the period. Diluted loss  per
          share  reflects  per  share  amounts  that  would  have
          resulted if dilative common stock equivalents had  been
          converted  to  common stock. As of June 30,  2000,  the
          Company  had no dilative common stock equivalents  such
          as stock options.



                             - 10 -


                        MUSIC ETC., INC.
                  (A Development Stage Company)


            NOTES TO FINANCIAL STATEMENTS (CONTINUED)

              June 30, 2000, and December 31, 1999


 NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

     Year End

         The  Company  has selected December 31st as  its  fiscal
         year-end.


     Year 2000 Disclosure

          The year 2000 issue had no effect on this Company.


NOTE 3 - INCOME TAXES

     There  is no provision for income taxes for the period ended
     June  30, 2000, due to the net loss and no state income  tax
     in   Nevada,  the  state  of  the  Company's  domicile   and
     operations.  The Company's total deferred tax  asset  as  of
     December 31, 1999, is as follows:

        <TABLE>
        <S>                                  <C>
        Net operation loss carry forward          $  3,952
        Valuation allowance                        $
                                               3,952
        Net deferred tax asset                        $  0
        </TABLE>

     The federal net operating loss carry forward will expire  in
     2017 to 2019.















                             - 11 -
                        MUSIC ETC., INC.
                  (A Development Stage Company)

            NOTES TO FINANCIAL STATEMENTS (CONTINUED)

              June 30, 2000, and December 31, 1999

NOTE 4 - STOCKHOLDERS' EQUITY

     Common Stock

     The  authorized common stock of the corporation consists  of
     50,000,000, shares with a par value $.001 per share.

     On July 27, 1995, the Company issued 20 shares of its no par
     value  common stock in consideration of $200.00 in  cash  to
     one of its directors.

     On July 27, 1997, the Company issued 24,980 shares of its no
     par value common stock in consideration of $5,996.00 in cash
     to three additional directors.

     On  September  21,  1999, the State of Nevada  approved  the
     company's   restated   Articles  of   Incorporation,   which
     increased its capitalization from 25,000 common shares of no
     par  value to 50,000,000 common shares with a par  value  of
     $.001 and added 10,000,000 preferred shares with a par value
     of $.001.

     On  September 21, 1999, the company forward split its common
     stock  240:1,  thus  increasing the  number  of  outstanding
     common shares from 25,000 to 6,000,000 shares.

     Preferred Stock

     The  authorized preferred stock of the corporation  consists
     of 10,000,000 shares with a par value of $0.001 per share.

NOTE 5 - GOING CONCERN

The  Company's financial statements are prepared using  generally
accepted  accounting principles applicable  to  a  going  concern
which  contemplates the realization of assets and liquidation  of
liabilities  in  the  normal  course of  business.  However,  the
Company  does not have significant cash or other material assets,
nor does it have an established source of revenues sufficient  to
cover  its operating costs and to allow it to continue as a going
concern.   The   stockholders/officers  and  or  directors   have
committed  to  advancing  the  operating  costs  of  the  Company
interest free.


                             - 12 -
                        MUSIC ETC., INC.
                  (A Development Stage Company)


            NOTES TO FINANCIAL STATEMENTS (CONTINUED)

              June 30, 2000, and December 31, 1999


NOTE 6 - RELATED PARTY TRANSACTIONS

     The  Company  neither owns nor leases any real  or  personal
     property.  An  officer  of the corporation  provides  office
     services  without charge. Such costs are immaterial  to  the
     financial   statements  and  accordingly,  have   not   been
     reflected therein. The officers and directors of the Company
     are  involved in other business activities and  may  in  the
     future, become involved in other business opportunities.  If
     a  specific  business  opportunity becomes  available,  such
     persons may face a conflict in selecting between the Company
     and  their  other  business interests. The Company  has  not
     formulated a policy for the resolution of such conflicts.


NOTE 7 - WARRANTS AND OPTIONS

     There are no warrants or options outstanding to acquire  any
     additional shares of common or preferred stock.

NOTE 8 - OFFICERS ADVANCES

     While  the Company was seeking additional capital to advance
     it's  Business Plan, an officer of the Company has  advanced
     funds on behalf of the Company to pay for any costs incurred
     by it.  These funds are interest free.

                             - 13 -

ITEM 2.   MANAGEMENT'S PLAN OF OPERATION

NOTE REGARDING PROJECTIONS AND FORWARD LOOKING STATEMENTS

This  statement  includes  projections  of  future  results   and
"forward-looking statements" as that term is defined  in  Section
27A  of  the  Securities Act of 1933 as amended (the  "Securities
Act"), and Section 21E of the Securities Exchange Act of 1934  as
amended (the "Exchange Act"). All statements that are included in
this  Registration Statement, other than statements of historical
fact,   are   forward-looking  statements.  Although   Management
believes that the expectations reflected in these forward-looking
statements  are  reasonable, it can give no assurance  that  such
expectations  will prove to have been correct. Important  factors
that  could  cause actual results to differ materially  from  the
expectations are disclosed in this Statement, including,  without
limitation,   those  expectations  reflected  in  forward-looking
statements contained in this Statement.

                        Plan of Operation

The  Company's Plan of Operation has not changed since the filing
of  its  amended Form 10-SB filed with the SEC on June 23,  2000.
The  description of the current plan of operation is incorporated
by reference to Section 2 of its amended Form 10-SB.

           Competition Music Etc., Inc. may encounter

Music  Etc.  is an insignificant participant among  firms,  which
engage  in  business combinations with financing  of  development
stage  enterprises.  There  are many established  management  and
financial  consulting companies and venture capital  firms  which
have  significantly  greater financial and  personnel  resources,
technical expertise and experience than Music Etc. In view of our
company's    limited   financial   resources    and    management
availability, it will continue to be at a significant competitive
disadvantage.

                            Employees

The Company's only employees at the present time are its officers
and  directors,  who will devote as much time  as  the  Board  of
Directors determine is necessary to carry out the affairs of  the
Company.

                   PART II - OTHER INFORMATION

ITEM 1.   LEGAL PROCEEDINGS

The  Company  is  not  a  party  to any  material  pending  legal
proceedings and, to the best of its knowledge, no such action has
been threatened by or against the Company.

ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

No such matters were submitted during the most recent quarter.

ITEM 5.   OTHER INFORMATION

On  April  25, 2000, the Company changed its corporate  executive
address  to  8764 Carlitas Joy Court, Las Vegas,  NV  89117.  The
Company has the use of this limited amount of office space,  from
one  of  its directors, Lewis Eslick, at no cost to the  Company,
and  Management expects this arrangement to continue. The Company
pays  its own charges for long distance telephone calls and other
miscellaneous  secretarial, photocopying, and  similar  expenses.
This is a verbal agreement between Lewis Eslick and the Board  of
Directors.

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K.

EXHIBITS

3.1   The  exhibits,  consisting of  the  Company's  Articles  of
Incorporation, are attached to the Company's Amended Form  10-SB,
filed  on  June  23,  2000. These exhibits  are  incorporated  by
reference to that Form.

3.2   The  exhibits,  consisting of  the  Company's  Bylaws,  are
attached  to the Company's Amended Form 10-SB, filed on June  23,
2000. These exhibits are incorporated by reference to that Form.

23   Consent of Independent Certified Public Accountant

                           SIGNATURES

Pursuant  to  the  requirements of Section 12 of  the  Securities
Exchange  Act  of  1934,  the Registrant  has  duly  caused  this
registration  statement  to  be  signed  on  its  behalf  by  the
undersigned, thereunto duly authorized.



                           Bepariko Biocom



                           By: /s/ Patsy Harting
                              Patsy Harting, Treasurer

                           Date August 2, 2000